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GEN AI – Too Much Spend, Too Little Benefit? Issue 129, June 25, 2024. Global Macro Research. The Goldman Sachs Group, Inc. “Tech giants and beyond are set to spend over $1tn on AI capex in coming years, with so far little to show for it. So, will this large spend ever pay off? MIT’s …
Articles and Columns for June 2024 – https://www/llrx.com Protecting the Vulnerable: Navigating Online Risks for Minors – Veronica Garrick’s paper is an insightful, factual and timely discussion of how in today’s digital age, minors are exposed to technology at a young age, presenting both great opportunities and risks. PowerPoint Has Its Problems – Jerry Lawson …
The Daily Hodl: “JPMorgan Chase, Bank of America and 7 Mega Banks Paying $46,000,000 [that’s Trillion] Over Alleged Conspiracy To Rig Trillion-Dollar Derivatives Market… Lawyers representing investors have filed for preliminary approval of a $46 million cash settlement against JPMorgan Chase, Bank of America, Goldman Sachs, BNP Paribas, Citigroup, Deutsche Bank, Morgan Stanley, NatWest and …
FTC: “Scammers are all about spinning lies, but they still operate in the real world. Many scammers pretend to be well-known businesses to gain trust and make their stories seem more believable. And scammers use real-world methods to contact people and to get paid. Reports to the FTC’s Consumer Sentinel Network point to some of …
creditnews: “Homeownership is one of the key pillars of the American dream. But for many families, the idyllic fantasy of a picket fence and backyard barbecues remains just that—a fantasy. Thanks to elevated mortgage rates, sky-high house prices, and scarce inventory, millions of American families have been locked out of the opportunity to buy a …
“The Organized Crime and Corruption Reporting Project connects 45 non-profit investigative centers in 34 countries, scores of journalists and several major regional news organizations across Europe, Africa, Asia, the Middle East and Latin America. We work to turn the tables on corruption and build greater accountability through exposing the abuse of power at the expense …
“The Securities and Exchange Commission today announced enhancements to its website to improve compliance with federal statutes and standards as well as the site’s functionality. The updates will improve the website’s user experience for market participants and the public. “I’m pleased that these updates will improve our website’s compliance with federal standards,” said SEC Chair …
ProPublica: “In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes. Michael Bloomberg managed to do the same …
Protecting the Vulnerable: Navigating Online Risks for Minors – Veronica Garrick PowerPoint Has Its Problems – Jerry Lawson AI in Banking and Finance, June 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact …
Via LLRX – AI in Finance and Banking June 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and …
“The American Bar Association Tort Trial and Insurance Practice Section (TIPS) and the National Urban League are collaborating with Thomson Reuters to promote financial literacy. The goal of the partnership is to promote economic empowerment by equipping individuals with the knowledge and tools needed to own their financial future. The project bolsters efforts to reach …
Via LLRX – Generative AI Resources 2024 – Referencing an article in this month’s Georgetown Law Technology Review, “…traditional AI algorithms normally operate by carrying out a specific function or completing a task using a data set that contains information on how that function or task has previously been done In other words, traditional AI is …
